All About Vietnam

Nissin Manufacturing Vietnam Co., Ltd Bringing More Partners and Investors to Hoa Binh
Hoa Binh now has 11 foreign-invested companies with a combined investment capital of over US$400 million, mainly situated in Luong Son Industrial Park. Contributions of foreign direct investment (FDI) companies to the socioeconomic picture are very clear. A typical example is Nissin Manufacturing Vietnam Co., Ltd, which fetches nearly VND300 billion of revenue and pays approximately VND30 billion to the State Budget a year. Besides, the company has introduced many Japanese companies to invest in Hoa Binh province. On the occasion of 130th founding anniversary of Hoa Binh and the opening of Hoa Binh Investment Promotion Conference 2016, Vietnam Business Forum has an interview with Mr Ichiro Oda, General Director of Nissin Manufacturing Vietnam Co., Ltd, on its bridging role in investment attraction. Ngo San reports. Could you please tell us why Nissin chose Hoa Binh province to locate its … [Read more...]

Da Hop Trading JSC: Cooperation for Greater Value
This is a confirmation made by Ms Vu Thi Hop, President and Chief Executive Officer of Da Hop Trading Joint Stock Company, when she talked about her experience in doing business on the 10th anniversary of the company. Da Hop is now striving to become a leading business entity engaged in investment, construction, real estate, education and service, and striving for the company’s effective sustainable growth, proper cares for social responsibility, and valuable contributions to the development of Hoa Binh province and the country as a whole. Da Hop Trading Joint Stock Company was formerly Da Hop Trading Co., Ltd set up in January 2006 to conduct construction and operation of Da Hop hotel and restaurants chain in Hoa Binh and Hanoi. Driven by business growth, experience and customer acceptance, the company was upgraded to Da Hop Trading Joint Stock Company in 2010. The first construction project was An Cu Xanh Residence, a … [Read more...]

Effects from Bank - Business Connectivity
Total deposits of the banking system in Hoa Binh province reached VND10,874 billion in the first nine months of 2016, up 17 per cent from December 31, 2015 and 8.1 per cent over the same period of 2015. Total credits valued VND14,635 billion in the period, up 13.2 per cent over December 31, 2015, of which agricultural loans accounted for 65 per cent of total loan value. Credit funds have been key contributors to supporting production and business activities of local enterprises and households to boost local social and economic development. To learn more about achievements of the banking sector in Hoa Binh province, Vietnam Business Forum Magazine has an interview with Mr Bui Van Xuong, Director of the State Bank of Vietnam (SBV) - Hoa Binh Branch. Ngo San reports. Could you share about the bank - business connectivity results of the province in recent years? To carry out directives of the Government in Resolution 35/NQ-CP on business … [Read more...]

Hoa Binh Reforming Administrative Procedures to Create Corridor for Investment Attraction
The mountainous province of Hoa Binh, re-established in 1991, is the gateway to the national capital of Hanoi. The Party, the government and the people of Hoa Binh have grasped every opportunity to turn difficulties into advantages for development and successfully attracted sizeable investment projects. On the occasion Hoa Binh hosts the Hoa Binh Investment Promotion Conference on its 130th founding anniversary and 25th re-establishing anniversary, Vietnam Business Forum has an interview with Mr Nguyen Van Quang, Chairman of Hoa Binh Provincial People’s Committee. Ngo San reports. Could you please tell us the remarkable results in socioeconomic development of Hoa Binh province in the first nine months of 2016? Carrying out socioeconomic development tasks in the first nine months of 2016 against the backdrop of ongoing difficulties facing the country and Hoa Binh province, the Hoa … [Read more...]

Boosting Investment Attraction, Socioeconomic Development
Determined to create a favourable, attractive investment climate, Hoa Binh province has achieved positive results in investment attraction. More and more companies have come to explore investment opportunities in the province and most investors are doing effective business and positively contributing to local socioeconomic development. On the occasion of celebrating the 130th founding anniversary and the 25th re-establishing anniversary of Hoa Binh province and organising the Hoa Binh Investment Promotion Conference 2016, Vietnam Business Forum has an interview with Mr Bui Duc Hinh, Director of the Department of Planning and Investment, on the province’s investment environment and policies. Ngo San reports. Could you please introduce remarkable investment attraction results of the province in recent years? Carrying out central policies on investment attraction together with the province’s regulations on … [Read more...]

Stronger FDI Inflows Motivate Rapid and Sustainable Growth
Thai Nguyen province has constantly improved the investment environment to enhance convenience, openness and transparency in order to attract high-tech and large-scaled projects from transnational corporations. Stepping up administrative reform, building infrastructure, strengthening trade promotion and attracting foreign direct investment (FDI) are the top priorities of Thai Nguyen province. Thus, many foreign investors have chosen Thai Nguyen as the destination for their projects. FDI capital has become an important capital source for the province to boost up its GDP growth and accelerate its industrialised economic restructuring. The following is an interview with Mr Hoang Thai Cuong, Director of the Department of Planning and Investment of Thai Nguyen province. Ngo San reports. Could you talk about the success of Thai Nguyen province in the past time and FDI attraction orientations in the coming time? Thai Nguyen is … [Read more...]

BRG GROUP Bringing European Lifestyle to the City of Red Flamboyant
At the Hai Phong Investment Promotion Conference 2016 hosted by Hai Phong City, Vietnam Business Forum’s reporter has an interview with Madame Nguyen Thi Nga, Chairwoman of BRG Group, which is carrying out two immense projects in Hai Phong City - a 5-star hotel, trade centre and luxury apartment complex at the heart of Hai Phong City, and BRG Coastal City vacation property project in Do Son. Ngo San reports. Could you please share why BRG Group invested in two big projects in Hai Phong City? How do you see the quality and effectiveness of these projects? Hai Phong is one of the most dynamically developing cities in Vietnam. With its favourable geographical position and relatively complete transportation infrastructure, especially with Lach Huyen International Port, Hai Phong attracted many investment projects from big foreign and domestic companies. Foreign investors invested US$1.84 billion in Hai Phong the … [Read more...]

Rangers test a camera trap in Bà Nà-Núi Chúa Nature Reserve in Đà Nẵng City. A system of 20 camera traps were built across the 28,000ha reserve to supervise endangered species for research and the protection of the reserve's biodiversity. - VNS Photo Công Thành
Viet Nam News ĐẦ NẴNG - The Centre of Biodiversity Conservation (GreenViet), in co-operation with US-based San Diego Zoo Global and the management board of Bà Nà-Núi Chúa Nature Reserve has begun a wildlife supervision programme. The NGO set up 20 camera traps across the 28,000ha reserve. The programme, which is funded by San Diego Zoo Global, will help record the movements of endangered species in the reserve, providing evidence for research and biodiversity protection. This is the first time a camera trap programme has been introduced at the reserve in Đà Nẵng. Biologists are scheduled to check the … [Read more...]

Over recent years, the industry sector of Lao Cai has enjoyed strong growth. By the end of 2015, the value of industrial production is expected to reach VND5,960 billion, 2.7 times the figure in 2010 (VND2,169 billion). To learn more about the efforts behind this development, Vietnam Business Forum interviewed Mr Do Truong Giang, Director of Lao Cai Industry and Trade Department. Ngo San reports.2015 is the last year of the Five Year Plan 2010-2015, what do you think about the development Lao Cai industry has made in recent years, notable achievements as well as weaknesses?
Although Lao Cai is still facing difficulties in infrastructure, disadvantageous location far from economic centres and poor industrial products, the provincial industry has worked hard to achieve remarkable results. Especially in the 2010-2015 period, Lao Cai industry has become a key player making breakthrough in the socio-economic development of the province, elevating Lao Cai as the centre of metallurgy and … [Read more...]

In recent years, despite challenges to the world and national economy affecting business and production activities of the enterprises, the State Bank of Vietnam in Lao Cai province (SBV Lao Cai) has actively implemented effective and timely mechanisms and policies to ensure the sustainable and effective operation of the banks in the province in the process of international economic integration.
Until now, the local banking network has expanded to 11 commercial banks, many branches, transaction units, ATMs, POS devices, etc. Credits have been implemented in all villages in the province. During implementation, the commercial banks, financial institutions and People's Credit Funds are committed with directions and solutions of the SBV's monetary policy for socio-economic goals of the province. Therefore, the operation of the banking system in the province continues to grow stably to meet demands for capital at appropriate interest rates and better support for the business production and … [Read more...]

Hai Duong province has very favourable advantages for socioeconomic development. Specifically, the province is located at the centre of the Hanoi - Hai Phong - Quang Ninh northern economic triangle where trading activity is very convenient, ranked 10th in the country for its synchronous modern infrastructure system formed by investor-keen industrial zones placed along National Road 5 and National Road 18, and has an abundant, qualified workforce. Besides, in recent years, the province has endeavoured to improve the business and investment climate, create "soft advantages" like open investment mechanisms, policies and administrative procedures to provide the easiest and quickest access to public services. The overall picture is increasingly positive. Vietnam Business Forum interviewed Mr Nguyen Manh Hien, Chairman of Hai Duong Provincial People’s Committee on investment potential and opportunity in the province. Ngo San - Vu Thuy report.What the government and people of Hai Duong … [Read more...]

As the newly formed unit, the Authority of Dong Nam Economic Zone has faced a lot of difficulties and challenges in mobilising investment capital for the economic zone in the face of overall economic difficulty. However, the authority has overcome all difficulties to achieve its tasks of promoting and attracting investment capital into the economic zone and industrial zones. The economic zone has drawn big projects like Hoa Sen steel sheets, Masan MB Industrial Centre and Hanoi - Nghe An Brewery. Besides, the authority has also built essential infrastructure for Dong Nam Industrial Park.Speeding up infrastructure investment
Attracting more investment capital into Nghe An province and its economic zones is now priority development orientation of Nghe An province. Therefore, the province is seeking resources for better infrastructure construction and ensuring favourable conditions for investors. At present, the Authority of Dong Nam Economic Zone is speeding up infrastructure … [Read more...]

The 6th term of the Vietnam Chamber of Commerce and Industry (VCCI) has set up new huge challenges for innovation and creativity for the VCCI and enterprises. In order to acquire opinions and feedbacks from enterprises about the new tasks of the VCCI and enterprises in the upcoming time, Vietnam Business Forum interviewed Mr Nguyen Van Vien, Chairman of Hai Phong Paint Joint Stock Company. Ngo San reports.How do you assess the activity of the VCCI in the last term? What do you think the VCCI will have to do in the next term to further promote its role?
During the past term, the VCCI has tried its best to accompany businesses in the process of restructuring and innovating growth model. The position and role of the VCCI has been increasingly improved; it acts as both a pioneer and a bridge connecting business. The most remarkable imprint is that the VCCI, as the representative of the enterprise community, drafted, developed and submitted Resolution 09/NQ-TW on "Building and promoting … [Read more...]

The domestic market of granite, porcelain, ceramic and cotto tiles is like a "battlefield." But, in this context of fierce competition, TRUNGDO has still powerfully grown up to be one of leading manufacturers in central Vietnam, secured a stable domestic market and looked to foreign markets. The secret to the robust growth of TRUNGDO remains unknown.
The following conversation with Mr Nguyen Hong Son, Chairman of TRUNGDO Joint Stock Company, will help readers learn more about development strategies of this leading brand, especially its plans to conquer foreign markets like Taiwan, Thailand and the Middle East. Ngo San reports.
Could you please talk about TRUNGDO’s major achievements in 2014?
Last year, like many other businesses, TRUNGDO faced a lot of difficulties, but with the effort of the entire staff, the company still managed to achieve encouraging results, achieving 10 percent revenue growth, 20 percent profit growth, 20 -25 percent dividend payout ratio, and stable … [Read more...]

"Integrity - Community - Development" is the core business values of Hoa Sen Group. To learn more about Hoa Sen Group’s operations and future orientations, Vietnam Business Forum interviewed Mr Le Phuoc Vu, Chairman of Hoa Sen Group. Ngo San reports.October 4, 2014 marked an important milestone when Hoa Sen Group commenced construction of Hoa Sen Nghe An Steel Sheet Plant. The project is divided into three phases with a total investment capital of VND2,360 billion and scheduled to be completed by 2018. The first phase of the project is expected to be launched officially in March 2015. Why did Hoa Sen Group choose Nghe An province as the investment destination? What did you expect from this investment?
With our current business development strategy, Nghe An is determined as a potential market. In my opinion, this market gathers all conditions for robust development.
Firstly, with the forecasts of Vietnam’s economy in 2015, Nghe An will contribute significantly to … [Read more...]

With a long coast and a favourable transport system consisting of roads, railways and airways, particularly Vinh Airport to be upgraded to an international airport, Nghe An province is an attractive destination for tourists. Visiting Nghe An, tourists can not only swim at beautiful beaches but also join tours to Kim Lien village - the homeland of Uncle Ho, Hoang Muoi spiritual monument and many beautiful attractions. Nghe An is home to many historical monuments and landscapes as well as unique cultural works. The folk tradition of Vi Dam singing was recognised as the "Intangible Cultural Heritage of Humanity." With these potential and advantages, the government of Nghe An province is focusing on sustainable tourism development and considering tourism a key economic sector. Nghe An has now become an attractive destination for domestic and international tourists.Attracting more high-end international tourists
In the coming time, the province will increase high-end international … [Read more...]

After one year of implementing Resolution 26-NQ/TW of the Politburo on Nghe An development directions and tasks to 2020, under the close guidance of the central government, Nghe An province has made constant efforts to achieve important socioeconomic development results. On the sidelines of the 2015 Lunar New Year Meeting with investors, Nguyen Xuan Duong, Chairman of Nghe An Provincial People's Committee, granted an exclusive interview to Vietnam Business Forum. Ngo San reports.How do you think about economic development results of Nghe An province in 2014?
In spite of many tough challenges, Nghe An province’s economy still developed well in 2014.
In 2014, the total value of products reached VND56,689 billion, an increase of 7.24 percent over 2013. Of the sum, the production value of agro-forestry-fishery was VND14,337 billion, up 3.85 percent year on year; industrial and construction value was VND18,496 billion, up 8.72 percent; and services value was VND23,856 billion, up … [Read more...]

In 2014, Nghe An started a number of investment projects with a major impact on socio-economic development. That's the bright spot in the bleak picture of attracting investment of the country. This result is due to the direct attention of the Central and the continuous efforts of the provincial government in 2014 and earlier years. The main achievement is the result of the above factors, Nguyen Van Do, Director of Nghe An Planning and Investment Department, confirmed to Vietnam Business Forum. Ngo San reports.How do you evaluate the results of attracting investment in 2014?
As of November 15th 2014, Nghe An province had granted and adjusted investment certificates for 127 projects with a total registered capital of VND27,384 billion, of which granting certificates to 105 new projects with a capital of VND18,522 billion and adjusted 22 projects to increase more VND8,862 billion. The highlight is that Nghe An had attracted capital in a large number of projects such as Dong Van … [Read more...]

With a team of young, dynamic, well-trained and enthusiastic management staff, a scientifically operated management and production system, a Board of Directors with rich experience in export garment industry, strong resources and broad network with trustworthy, visionary partners, and more than 200 employees with extensive experience in export garment production in modern factories in Ho Chi Minh City and Binh Duong province, Dai Thanh Joint Stock Company is confident to be a powerful business with important contributions to the general development of the rural economy in Quang Binh province.
Dai Thanh Garment Export Factory is the first garment factory of Dai Thanh Joint Stock Company, built from May 2011 and put into operation in October 2012. The facility covers an area of 30,000 squ. metres, including 1,500 squ. metres for workshops. The plant can be expanded to 10 sewing lines (currently operating four sewing lines, two cutting lines, four ironing line and one packaging … [Read more...]

The Bac Giang Customs Office responsible for managing industrial zones officially deployed the Vietnam Automated Cargo and Port Consolidated System and Vietnam Customs Information System (VNACCS/VCIS) from April 7, 2014. The VNACCS/VCIS system will directly improve the efficiency of export and import customs clearance, thus helping facilitate trade and enhance economic competitiveness. Vietnam Business Forum's reporter has an interview with Mr Vu Danh Hai, Director of Bac Giang Customs Office responsible for managing industrial zones, on this issue. Ngo San reports.In 2014, customs offices nationwide have actively deployed the VNACCS/VCIS system to support enterprises to carry out electronic customs clearance. How has the VNACCS/VCIS system worked since it was brought into operation in April 2014? … [Read more...]